mrducknugget mrducknugget
  • 08-11-2018
  • Mathematics
contestada

How much will a saver earn in 10 years on a $100 deposit that earns 5% compound interest (compound annually)?

Respuesta :

dominickandrien dominickandrien
  • 08-11-2018
they will earn $50 within ten years because the 5% gives five dollars a year for 10 years
Answer Link

Otras preguntas

A point A is graphed at (0, 3). Complete the coordinates of a shape that can be rotated about the y-axis to create a cylinder. Provide an explanation for your a
Use Euler's Theorem to calculate how many vertices a polyhedron has if it has 6 faces and 12 edges. 8 veretices 12 vertices 18 vertices 6 vertices
2. This question is based on the following information. The Call of the Wild is a novel by Jack London. It focuses on the life of Buck, a pampered dog who l
Germany lost an important World War II ally when A. France fell to US and British forces. B.the Soviet Union invaded Germany. C.the Soviet Union surrendered to
If 3p+34=90, 2r+44=76 and 53+6s=1421, what is the product of p, r, and s?
Mr Martin has 120 CDs. The ratio of indie CDs to dance CDs is 5:7. How many of each type of cd does he have
2 sin 2θ − 3 sin θ = 0
What is the area formula of (A=1xw)?
72. Sophia has been at her job for 7 yearsShe earns $4,720 per month. She paysher credit card in full every month. Shehas made 2 late payments on her studeloan.
Can someone please answer. There is one picture. There's a picture. Thank you!